BANK RECONCILIATION STATEMENT (BRS)

BRS is prepared by a business man to know causes of difference between cash book balance and pass book balance on a particular date.

For example:-

   1)    Salary paid Rs. 50,000 through PNB.

   2)    Rent paid Rs. 30,000 through PNB.

   3)    Commission paid Rs. 20,000 through PNB.

Working steps:

First of all we create a company.

Now create ledger in the created company.

Path for ledger creation:- G.O.T. (Gateway of tally)--> accounts info--> ledger--> create(multiple).

Now we will do voucher entry as follows:

Path for voucher creation:- G.O.T. (Gateway of tally)àaccounting voucherà press F5(Payment voucher) and change the date by pressing F2 key.

    1)    First, we do voucher entry of salary as follows:

    2)    Now, do voucher entry of rent as follows:

3)    And now, do voucher entry of commission as follows:

 

After this we create Bank Reconciliation statement as follows:

Path for BRS creation:- G.O.T. (Gateway of tally)-->display--> ledger--> press “Alt + F2” (to change the period)--> press F5 for Reconciliation--> insert bank date

And then accept it “Yes”.

The Bank Reconciliation Statement is prepared